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Keywords: 737 MAX


Boeing deepens ties with Morocco through aerospace partnership

Boeing has solidified its presence in Morocco’s aerospace sector by partnering with Casablanca Aéronautique, a subsidiary of France's Figeac Aéro Group, to produce machined parts for the 737 MAX aircraft. The agreement reinforces Boeing’s long-standing engagement in the......

Boeing reports $11.8 billion loss in 2024 amidst strikes and safety challenges

Boeing posted a significant loss for 2024, reporting a $11.8 billion deficit after facing multiple setbacks throughout the year, including an extended labor strike, safety concerns with its commercial planes, and defense contract issues. The company incurred a $3.9 billion loss in the fourth quarter,......

Boeing Workers End Seven-Week Strike with New Contract

Boeing workers have ended a seven-week strike after approving a new contract offering significant wage increases and bonuses. The International Association of Machinists and Aerospace Workers (IAM) announced that 59% of its members voted to accept the agreement, which will return approximately 33,000......

Boeing Workers Face Critical Decision as Strike Enters New Phase

Factory workers at Boeing are currently voting on a new contract proposal that could potentially bring an end to a seven-week strike, which has significantly impacted production and financial stability for the aerospace manufacturer. The proposed agreement includes a substantial pay increase of 38% over......

Boeing's New CEO Charts a Path Forward Amidst Financial Turmoil and Labor Strife

In a decisive move to steer Boeing out of its current crisis, CEO Kelly Ortberg has unveiled a strategic plan aimed at revitalizing the beleaguered aerospace. The company recently reported staggering quarterly losses of $6 billion, contributing to an annual deficit nearing $8 billion, largely due to......

Boeing to Slash 17,000 Jobs Amid Strike and Production Woes

Boeing, one of the world’s largest aerospace companies, announced a dramatic reduction in its workforce, cutting 17,000 jobs approximately 10% of its total workforce as it grapples with ongoing challenges across its business. In an email to staff, CEO Kelly Ortberg confirmed that job cuts would......

Boeing to be Questioned by US Investigators about 737 Max Panel Blowout

In a high-stakes examination of aviation safety protocols, Boeing officials are set to face intense questioning from the National Transportation Safety Board (NTSB) regarding the alarming midflight panel blowout on a 737 Max aircraft. The two-day hearing, commencing Tuesday, promises to shed new light......

Boeing's Bitter Plea: Avoiding Trial over Tragic 737 Max Crashes

Boeing has agreed to plead guilty to fraud charges in an effort to avoid a potentially damaging trial related to the fatal crashes of its 737 Max aircraft. The plea deal with the U.S. Department of Justice has drawn sharp criticism from lawyers representing relatives of crash victims, who denounce it......

Boeing Braces for Guilty Plea over Tragic 737 Max Crashes

In a startling turn of events, United States prosecutors are seeking a guilty plea from Boeing regarding charges linked to the two fatal crashes of its 737 Max planes, attorneys representing the victims' families disclosed on Sunday. They strongly criticized the potential agreement as a "sweetheart......